SevenBridge Financial Group LLC Has $5.08 Million Holdings in Linde PLC $LIN

SevenBridge Financial Group LLC grew its holdings in Linde PLC (NASDAQ:LIN) by 25.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,269 shares of the basic materials company’s stock after acquiring an additional 2,072 shares during the period. SevenBridge Financial Group LLC’s holdings in Linde were worth $5,079,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. increased its holdings in shares of Linde by 10.8% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,322 shares of the basic materials company’s stock worth $655,000 after acquiring an additional 129 shares during the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in shares of Linde by 33.6% in the first quarter. Moss Adams Wealth Advisors LLC now owns 1,588 shares of the basic materials company’s stock valued at $787,000 after purchasing an additional 399 shares during the last quarter. Brown Miller Wealth Management LLC increased its holdings in shares of Linde by 1.7% in the first quarter. Brown Miller Wealth Management LLC now owns 9,640 shares of the basic materials company’s stock valued at $4,779,000 after purchasing an additional 157 shares during the last quarter. Intrua Financial LLC raised its position in shares of Linde by 1.9% in the first quarter. Intrua Financial LLC now owns 2,048 shares of the basic materials company’s stock valued at $1,015,000 after purchasing an additional 39 shares during the period. Finally, EWA LLC bought a new position in shares of Linde in the first quarter valued at about $243,000. 82.80% of the stock is currently owned by institutional investors.

Linde Price Performance

Shares of Linde stock opened at $511.06 on Tuesday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $527.94. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $508.19 and a two-hundred day simple moving average of $480.66. The stock has a market capitalization of $236.29 billion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 3.26 and a beta of 0.72.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter in the prior year, the business posted $3.95 EPS. The business’s revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the subject of several research analyst reports. Citigroup began coverage on shares of Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. UBS Group reaffirmed a “buy” rating and issued a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. Seaport Research Partners increased their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $543.27.

Linde Company Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.